Global Minerals in Human Nutrition Market Size, Share, Growth Analysis, By Type(Major Minerals (Calcium, Phosphorus), By Application(Dietary Supplements, Functional Nutrition) - Industry Forecast 2024-2031

Minerals in Human Nutrition Market Driver

The Rising Prevalence of Diseases Caused by Poor Eating Habits Is Projected To Drive The Growth Of The Global Human Nutrition Market

• Poor diet-related deaths have increased by 15% since 2010, outpacing population growth, and are now responsible for more than 12 million deaths in adults. This accounts for one-quarter (26%) of all adult deaths each year. The proportion of premature deaths caused by dietary risks is highest in North America and Europe (31% each), and lowest but still significant in Africa (17%). Hence, demand for human nutritional products is further expected to propel over the foreseeable future.

Minerals in Human Nutrition Market Restraint

The Financial Costs Of Addressing Poor Diets And Malnutrition Have Risen While Resources Are Falling, Limiting The Growth Of the Global Human Nutrition Market

• The economic downturn caused by the Covid-19 pandemic, alongside disrupted food and health systems, threatens to significantly increase malnutrition in low- and middle-income countries. Nutrition-specific financing needs for select maternal, infant, and young child global targets have increased from previous estimates of USD 7 billion/year for 2016-2025 to USD 10.8 billion/year for 2022-2030; accounting for nutrition-sensitive needs across the entire range of SDG 2 targets (aims to end hunger and all forms of malnutrition by 2030), total needs are estimated at USD 3950 billion per year